Common use of PAYMENTS AND CREDITS Clause in Contracts

PAYMENTS AND CREDITS. a) The Department shall pay for Deliverables only upon acceptance of the Deliverable(s) pursuant to Section 7 and receipt of a properly documented invoice from the Contractor. 1. The Department shall pay Contractor within insert of days (#) days after the Deliverable Acceptance Date and receipt of Contractor’s properly documented invoice, whichever is the later date. 2. All payments made prior to acceptance of the System shall be subject to a insert # percent ( %) holdback, which will be retained by the Department. 3. The Department shall pay Contractor the total amount of all holdbacks within insert of days (#) days after the System Acceptance Date. b) The State shall make all payments to the Contractor through electronic funds transfer via the Automated Clearing House (“ach”). Contractor shall enroll in ACH through the Office of the State Comptroller prior to sending any invoice to the State. The Contractor may obtain detailed information regarding ACH at: xxxx://xxx.xxx.xx.xxx/vendor/directdeposit.html. c) Contractor may assign any payments, in whole or in part, upon prior written notice to the Department and compliance with the requirements of the State's Comptroller's Office concerning such assignments. No assignment of receivables by Contractor shall relieve Contractor of any obligations under this Contract without prior written Department consent in each such instance. Notwithstanding any such assignment, Contractor represents and warrants that the Deliverable shall be and remain free of any repossession or any Claims by Contractor or its successors and assigns, subject to the terms and conditions of this Contract. d) Contractor shall furnish separate invoices for each Purchase Order and shall list each license charge, maintenance and support charge or other charge included in each invoice as separate line items. e) Notwithstanding the subsection 8(b), the Department may make purchases using the State of Connecticut Purchasing Card (MasterCard) in accordance with Memorandum No. 2011-11 issued by the Office of the State Comptroller. Contractor shall be equipped to receive orders issued by the Department using the MasterCard. The Contractor shall be responsible for the credit card user-handling fee associated with MasterCard purchases. The Contractor shall charge to the MasterCard only upon acceptance of Goods delivered to the Department or the rendering of Services. The Contractor shall capture and provide to its merchant bank, Level 3 reporting at the line item level for all orders placed by MasterCard. Questions regarding the state of Connecticut MasterCard Program may be directed to Xx. Xxxxx XxXxxxxx, Procurement Card Program Administrator at 000-000-0000.

PAYMENTS AND CREDITS. ‌ a) The Department shall pay for Deliverables only upon acceptance of the Deliverable(s) pursuant to Section 7 and receipt of a properly documented invoice from the Contractor. 1. The Department shall pay Contractor within insert of days (#) days after the Deliverable Acceptance Date and receipt of Contractor’s properly documented invoice, whichever is the later date. 2. All payments made prior to acceptance of the System shall be subject to a insert # percent ( %) holdback, which will be retained by the Department. 3. The Department shall pay Contractor the total amount of all holdbacks within insert of days (#) days after the System Acceptance Date. b) The State shall make all payments to the Contractor through electronic funds transfer via the Automated Clearing House (“ach”). Contractor shall enroll in ACH through the Office of the State Comptroller prior to sending any invoice to the State. The Contractor may obtain detailed information regarding ACH at: xxxx://xxx.xxx.xx.xxx/vendor/directdeposit.html. c) Contractor may assign any payments, in whole or in part, upon prior written notice to the Department and compliance with the requirements of the State's Comptroller's Office concerning such assignments. No assignment of receivables by Contractor shall relieve Contractor of any obligations under this Contract without prior written Department consent in each such instance. Notwithstanding any such assignment, Contractor represents and warrants that the Deliverable shall be and remain free of any repossession or any Claims by Contractor or its successors and assigns, subject to the terms and conditions of this Contract. d) Contractor shall furnish separate invoices for each Purchase Order and shall list each license charge, maintenance and support charge or other charge included in each invoice as separate line items. e) Notwithstanding the subsection 8(b), the Department may make purchases using the State of Connecticut Purchasing Card (MasterCard) in accordance with Memorandum No. 2011-11 issued by the Office of the State Comptroller. Contractor shall be equipped to receive orders issued by the Department using the MasterCard. The Contractor shall be responsible for the credit card user-handling fee associated with MasterCard purchases. The Contractor shall charge to the MasterCard only upon acceptance of Goods delivered to the Department or the rendering of Services. The Contractor shall capture and provide to its merchant bank, Level 3 reporting at the line item level for all orders placed by MasterCard. Questions regarding the state of Connecticut MasterCard Program may be directed to Xx. Xxxxx XxXxxxxx, Procurement Card Program Administrator at 000-000-0000.

PAYMENTS AND CREDITS. ‌ a) The Department shall pay for Deliverables only upon acceptance of the Deliverable(s) pursuant to Section 7 and receipt of a properly documented invoice from the Contractor. 1. The Department shall pay Contractor within insert of days (#) days after the Deliverable Acceptance Date and receipt of Contractor’s properly documented invoice, whichever is the later date. 2. All payments made prior to acceptance of the System shall be subject to a insert # percent ( %) holdback, which will be retained by the Department. 3. The Department shall pay Contractor the total amount of all holdbacks within insert of days (#) days after the System Acceptance Date. b) The State shall make all payments to the Contractor through electronic funds transfer via the Automated Clearing House (“ach”). Contractor shall enroll in ACH through the Office of the State Comptroller prior to sending any invoice to the State. The Contractor may obtain detailed information regarding ACH at: xxxx://xxx.xxx.xx.xxx/vendor/directdeposit.html. c) Contractor may assign any payments, in whole or in part, upon prior written notice to the Department and compliance with the requirements of the State's Comptroller's Office concerning such assignments. No assignment of receivables by Contractor shall relieve Contractor of any obligations under this Contract without prior written Department consent in each such instance. Notwithstanding any such assignment, Contractor represents and warrants that the Deliverable shall be and remain free of any repossession or any Claims by Contractor or its successors and assigns, subject to the terms and conditions of this Contract. d) Contractor shall furnish separate invoices for each Purchase Order and shall list each license charge, maintenance and support charge or other charge included in each invoice as separate line items. e) Notwithstanding the subsection 8(b), the Department may make purchases using the State of Connecticut Purchasing Card (MasterCard) in accordance with Memorandum No. 2011-11 issued by the Office of the State Comptroller. Contractor shall be equipped to receive orders issued by the Department using the MasterCard. The Contractor shall be responsible for the credit card user-handling fee associated with MasterCard purchases. The Contractor shall charge to the MasterCard only upon acceptance of Goods delivered to the Department or the rendering of Services. The Contractor shall capture and provide to its merchant bank, Level 3 reporting at the line item level for all orders placed by MasterCard. Questions regarding the state of Connecticut MasterCard Program may be directed to Xx. Xxxxx XxXxxxxx, Procurement Card Program Administrator at 000-000-0000.

PAYMENTS AND CREDITS. a) The Department shall pay for Deliverables only upon acceptance of the Deliverable(s) pursuant to Section 7 and receipt of a properly documented invoice from the Contractor. 1. The Department shall pay Contractor within insert of days (#) days after the Deliverable Acceptance Date and receipt of Contractor’s properly documented invoice, whichever is the later date. 2. All payments made prior to acceptance of the System shall be subject to a insert # percent ( %) holdback, which will be retained by the Department. 3. The Department shall pay Contractor the total amount of all holdbacks within insert of days (#) days after the System Acceptance Date. b) The State shall make all payments to the Contractor through electronic funds transfer via the Automated Clearing House (“ach”). Contractor shall enroll in ACH through the Office of the State Comptroller prior to sending any invoice to the State. The Contractor may obtain detailed information regarding ACH at: xxxx://xxx.xxx.xx.xxx/vendor/directdeposit.html. c) Contractor may assign any payments, in whole or in part, upon prior written notice to the Department and compliance with the requirements of the State's Comptroller's Office concerning such assignments. No assignment of receivables by Contractor shall relieve Contractor of any obligations under this Contract without prior written Department consent in each such instance. Notwithstanding any such assignment, Contractor represents and warrants that the Deliverable shall be and remain free of any repossession or any Claims by Contractor or its successors and assigns, subject to the terms and conditions of this Contract. d) Contractor shall furnish separate invoices for each Purchase Order and shall list each license charge, maintenance and support charge or other charge included in each invoice as separate line items. e) Notwithstanding the subsection 8(b), the Department may make purchases using the State of Connecticut Purchasing Card (MasterCard) in accordance with Memorandum No. 2011-11 issued by the Office of the State Comptroller. Contractor shall be equipped to receive orders issued by the Department using the MasterCard. The Contractor shall be responsible for the credit card user-handling fee associated with MasterCard purchases. The Contractor shall charge to the MasterCard only upon acceptance of Goods delivered to the Department or the rendering of Services. The Contractor shall capture and provide to its merchant bank, Level 3 reporting at the line item level for all orders placed by MasterCard. Questions regarding the state of Connecticut MasterCard Program may be directed to Xx. Xxxxx XxXxxxxx, Procurement Card Program Administrator at 000-000-0000.

PAYMENTS AND CREDITS. a) The Department shall pay for Deliverables only upon acceptance of the Deliverable(s) pursuant to Section 7 and receipt of a properly documented invoice from the Contractor. 1. The Department shall pay Contractor within insert of days (#) days after of the Deliverable Acceptance Date and receipt of Contractor’s properly documented invoice, whichever is the later date. 2. All payments made prior to acceptance of the System shall be subject to a insert # percent ( %) holdback, which will be retained by the Department. 3. The Department shall pay Contractor the total amount of all the holdbacks within insert of days (#) days after of the System Acceptance Date. b) The State Payment of Contractor charges for any license term, or license maintenance and support term, shall make all payments entitle the Department to use the Contractor through electronic funds transfer via license, free of any usage charges, at the Automated Clearing House (“ach”). Contractor shall enroll in ACH through Department's convenience at any time during the Office of the State Comptroller prior to sending any invoice to the State. The Contractor may obtain detailed information regarding ACH at: xxxx://xxx.xxx.xx.xxx/vendor/directdeposit.htmlapplicable Term. c) Contractor may assign any license payments, but not any associated service payments, in whole or in part, upon prior written notice to the Department and compliance with the requirements of the State's Comptroller's Office concerning such assignments. No assignment of receivables by Contractor shall relieve Contractor of any obligations under this Contract Agreement without prior written Department consent in each such instance. Notwithstanding any such assignment, Contractor represents and warrants that the Deliverable shall be and remain free of any repossession or any Claims by Contractor or its successors and assigns, subject to the terms and conditions of this ContractAgreement. d) Contractor shall furnish separate invoices for each Purchase Order and shall list each license charge, maintenance and support charge or other charge included in each invoice as separate line items. e) Notwithstanding the subsection 8(b), Contractor shall not charge the Department may make purchases using the State of Connecticut Purchasing Card (MasterCard) in accordance with Memorandum No. 2011-11 issued by the Office of the State Comptrollera fee to reinstate licenses or maintenance and support. Contractor shall be equipped entitled to receive orders issued payment of all license, maintenance and/or support fees that would have been paid during or for the reinstatement period, but no separate fees or penalties shall be paid by the Department using in order to reinstate any license, maintenance or support. Where the MasterCardlicense term specified is perpetual, charges for maintenance and support shall be as follows: 1. The If the license fee specified is payable in periodic payments, there shall be no additional charge for maintenance and support during the period for which such periodic payments are payable. Upon the completion of the periodic payment period, Contractor shall continue to provide the Department with maintenance and support services for an additional twelve (12) month period, provided the Department elects to pay Contractor the applicable maintenance and support charges then in effect. 2. If the license fee specified is payable in one lump sum, there shall be responsible no additional charge for maintenance and support during the credit card user-handling fee associated with MasterCard purchasestwelve (12) months following the Acceptance Date, or during the Warranty Period, if applicable. The Upon the expiration of said twelve (12) month period, Contractor shall charge continue to the MasterCard only upon acceptance of Goods delivered to provide the Department or with maintenance and support services for an additional of twelve (12) month period, provided the rendering of Services. The Department elects to pay Contractor shall capture the applicable maintenance and provide to its merchant bank, Level 3 reporting at the line item level for all orders placed by MasterCard. Questions regarding the state of Connecticut MasterCard Program may be directed to Xx. Xxxxx XxXxxxxx, Procurement Card Program Administrator at 000-000-0000support charges then in effect.

PAYMENTS AND CREDITS. a) The Department shall pay for Deliverables only upon acceptance of the Deliverable(s) pursuant to Section 7 and receipt of a properly documented invoice from the Contractor. 1. The Department shall pay Contractor within insert of 45 days (#30 days for DAS Certified Small/Minority Enterprises) days after of the Deliverable Acceptance Date and receipt of Contractor’s properly documented invoice, whichever is the later date. 2. All payments made prior to acceptance of the System shall be subject to a insert # percent ( %) 10% holdback, which will be retained by unless the Departmentpayment is for software or hardware maintenance and support services. 3. The Department shall pay Contractor the total amount of all the holdbacks within insert of days (#) 30 days after the System Acceptance Date. b) The State Payment of Contractor charges for any license term, or license maintenance and support term, shall make all payments entitle the Department to use the Contractor through electronic funds transfer via license, free of any usage charges, at the Automated Clearing House (“ach”). Contractor shall enroll in ACH through Department's convenience at any time during the Office of the State Comptroller prior to sending any invoice to the State. The Contractor may obtain detailed information regarding ACH at: xxxx://xxx.xxx.xx.xxx/vendor/directdeposit.htmlapplicable Term. c) Contractor may assign any payments, payments in whole or in part, upon prior written notice to the Department DAS and compliance with the requirements of the State's Comptroller's Office concerning such assignments. No assignment of receivables by Contractor shall relieve Contractor of any obligations under this Contract Agreement without prior written Department DAS consent in each such instance. Notwithstanding any such assignment, Contractor represents and warrants that the Deliverable shall be and remain free of any repossession or any Claims by Contractor or its successors and assigns, subject to the terms and conditions of this ContractAgreement. d) Contractor shall furnish separate invoices for each Purchase Order and shall list each license charge, maintenance and support charge or other charge included in each invoice as separate line items. e) Notwithstanding the subsection 8(b), Contractor shall not charge the Department may make purchases using the State of Connecticut Purchasing Card (MasterCard) in accordance with Memorandum No. 2011-11 issued by the Office of the State Comptrollera fee to reinstate licenses or maintenance and support. Contractor shall be equipped entitled to receive orders issued payment of all license, maintenance and/or support fees that would have been paid during or for the reinstatement period, but no separate fees or penalties shall be paid by the Department using the MasterCard. The Contractor shall be responsible for the credit card user-handling fee associated with MasterCard purchases. The Contractor shall charge in order to the MasterCard only upon acceptance of Goods delivered to the Department reinstate any license, maintenance or the rendering of Services. The Contractor shall capture and provide to its merchant bank, Level 3 reporting at the line item level for all orders placed by MasterCard. Questions regarding the state of Connecticut MasterCard Program may be directed to Xx. Xxxxx XxXxxxxx, Procurement Card Program Administrator at 000-000-0000support.

PAYMENTS AND CREDITS. a) The Department shall pay for Deliverables only upon acceptance of the Deliverable(s) pursuant to Section 7 and receipt of a properly documented invoice from the Contractor. 1. The Department shall pay Contractor within insert of days (#) 45 days after the Deliverable Acceptance Date and receipt of Contractor’s properly documented invoice, whichever is the later date. 2. All payments made prior to acceptance of the System shall be subject to a insert # percent ( %) holdback, which will be retained by the Department. 3. The Department shall pay Contractor the total amount of all holdbacks within insert of days (#) days after the System Acceptance Date. b) The State shall make all payments to the Contractor through electronic funds transfer via the Automated Clearing House (“ach”). Contractor shall enroll in ACH through the Office of the State Comptroller prior to sending any invoice to the State. The Contractor may obtain detailed information regarding ACH at: xxxx://xxx.xxx.xx.xxx/vendor/directdeposit.html. c) Contractor may assign any payments, in whole or in part, upon prior written notice to the Department and compliance with the requirements of the State's Comptroller's Office concerning such assignments. No assignment of receivables by Contractor shall relieve Contractor of any obligations under this Contract without prior written Department consent in each such instance. Notwithstanding any such assignment, Contractor represents and warrants that the Deliverable shall be and remain free of any repossession or any Claims by Contractor or its successors and assigns, subject to the terms and conditions of this Contract. d) Contractor shall furnish separate invoices for each Purchase Order and shall list each license charge, maintenance and support charge or other charge included in each invoice as separate line items. e) Notwithstanding the subsection 8(b), the Department may make purchases using the State of Connecticut Purchasing Card (MasterCard) in accordance with Memorandum No. 2011-11 issued by the Office of the State Comptroller. Contractor shall be equipped to receive orders issued by the Department Client Agency using the MasterCard. The Contractor shall be responsible for the credit card user-handling fee associated with MasterCard purchases. The Contractor shall charge to the MasterCard only upon acceptance of Goods delivered to the Department Client Agency or the rendering of Services. The Contractor shall capture and provide to its merchant bank, Level 3 reporting at the line item level for all orders placed by MasterCard. Questions regarding the state of Connecticut MasterCard Program may be directed to Xx. Xxxxx XxXxxxxx, Procurement Card Program Administrator at 000-000-0000.

PAYMENTS AND CREDITS. a) The Department shall pay for Deliverables only upon acceptance of the Deliverable(s) pursuant to Section 7 and receipt of a properly documented invoice from the Contractor. 1. The Department shall pay Contractor within insert 45 days of days (#) days after the Acceptance Date of the Deliverable Acceptance Date and receipt of Contractor’s properly documented invoice, whichever is the later date. 2. All payments made for materials or labor performed prior to and in connection with acceptance of the System shall be subject to a insert # percent ( %) 2.5% holdback, which will be retained by the Department. 3. The Department shall pay Contractor the total amount of all the holdbacks within insert of days (#) 90 days after the System Acceptance Date. b) The State Payment of Contractor charges for any license term, or license maintenance and support term, shall make all payments entitle the Department to use the Contractor through electronic funds transfer via license in accordance with the Automated Clearing House (“ach”). Contractor shall enroll rights and restrictions in ACH through Section 14, free of any usage charges, at the Office of Department's convenience at any time during the State Comptroller prior to sending any invoice to the State. The Contractor may obtain detailed information regarding ACH at: xxxx://xxx.xxx.xx.xxx/vendor/directdeposit.htmlapplicable Term. c) Contractor may assign any payments, payments in whole or in part, upon prior written notice to the Department DAS and compliance with the requirements of the State's Comptroller's Office concerning such assignments. No assignment of receivables by Contractor shall relieve Contractor of any obligations under this Contract Agreement without prior written Department DAS consent in each such instance. Notwithstanding any such assignment, Contractor represents and warrants that the Deliverable shall be and remain free of any repossession or any Claims by Contractor or its successors and assigns, subject to the terms and conditions of this ContractAgreement. d) For any Purchase Order issued after the Acceptance Date of the System, Contractor shall furnish separate invoices for each Purchase Order and shall list each license charge, maintenance and support charge or other charge included in each invoice as separate line items. e) Notwithstanding the subsection 8(b), . Contractor shall not charge the Department may make purchases using the State of Connecticut Purchasing Card (MasterCard) in accordance with Memorandum No. 2011-11 issued by the Office of the State Comptrollera fee to reinstate licenses or maintenance and support. Contractor shall be equipped entitled to receive orders issued payment of all license, maintenance and/or support fees that would have been paid during or for the reinstatement period, but no separate fees or penalties shall be paid by the Department using the MasterCard. The Contractor shall be responsible for the credit card user-handling fee associated with MasterCard purchases. The Contractor shall charge in order to the MasterCard only upon acceptance of Goods delivered to the Department reinstate any license, maintenance or the rendering of Services. The Contractor shall capture and provide to its merchant bank, Level 3 reporting at the line item level for all orders placed by MasterCard. Questions regarding the state of Connecticut MasterCard Program may be directed to Xx. Xxxxx XxXxxxxx, Procurement Card Program Administrator at 000-000-0000support.

PAYMENTS AND CREDITS. ‌ a) The Department shall pay for Deliverables only upon acceptance of the Deliverable(s) pursuant to Section 7 and receipt of a properly documented invoice from the Contractor. 1. The Department shall pay Contractor the lump sum initial maintenance and support fee within insert of 45 days (#) days after following the Deliverable Acceptance Date last successfully completed UAT and receipt of Contractor’s properly documented invoice, whichever is the later date. Subsequent maintenance and support fees will be submitted to the Department annually, thereafter. 2. All payments made prior to acceptance of the System shall be subject to a insert # percent ( %) 10% holdback, which will be retained by the Department. 3. The Department shall pay Contractor the total amount of all holdbacks within insert of days (#) 180 days after the System Acceptance Date. b) The State shall make all payments to the Contractor through electronic funds transfer via the Automated Clearing House (“ach”). Contractor shall enroll in ACH through the Office of the State Comptroller prior to sending any invoice to the State. The Contractor may obtain detailed information regarding ACH at: xxxx://xxx.xxx.xx.xxx/vendor/directdeposit.html. c) Contractor may assign any payments, in whole or in part, upon prior written notice to the Department and compliance with the requirements of the State's Comptroller's Office concerning such assignments. No assignment of receivables by Contractor shall relieve Contractor of any obligations under this Contract without prior written Department consent in each such instance. Notwithstanding any such assignment, Contractor represents and warrants that the Deliverable shall be and remain free of any repossession or any Claims by Contractor or its successors and assigns, subject to the terms and conditions of this Contract. dc) Contractor shall furnish separate invoices for each Purchase Order and shall list each license charge, maintenance and support charge or other charge included in each invoice as separate line items. e) Notwithstanding the subsection 8(b), the Department may make purchases using the State of Connecticut Purchasing Card (MasterCard) in accordance with Memorandum No. 2011-11 issued by the Office of the State Comptroller. Contractor shall be equipped to receive orders issued by the Department using the MasterCard. The Contractor shall be responsible for the credit card user-handling fee associated with MasterCard purchases. The Contractor shall charge to the MasterCard only upon acceptance of Goods delivered to the Department or the rendering of Services. The Contractor shall capture and provide to its merchant bank, Level 3 reporting at the line item level for all orders placed by MasterCard. Questions regarding the state of Connecticut MasterCard Program may be directed to Xx. Xxxxx XxXxxxxx, Procurement Card Program Administrator at 000-000-0000.

PAYMENTS AND CREDITS. a) The Department shall pay for Deliverables only upon acceptance of the Deliverable(s) pursuant to Section 7 and receipt of a properly documented invoice from the Contractor. 1. The Department shall pay Contractor within insert insert of days (#) ) days after the Deliverable Acceptance Date and receipt of Contractor’s properly documented invoice, whichever is the later date. 2. All payments made prior to acceptance of the System shall be subject to a insert insert # percent ( %) ) holdback, which will be retained by the Department. 3. The Department shall pay Contractor the total amount of all holdbacks within insert insert of days (#) ) days after the System Acceptance Date. b) The State shall make all payments to the Contractor through electronic funds transfer via the Automated Clearing House (“ach”). Contractor shall enroll in ACH through the Office of the State Comptroller prior to sending any invoice to the State. The Contractor may obtain detailed information regarding ACH at: xxxx://xxx.xxx.xx.xxx/vendor/directdeposit.html. c) Contractor may assign any payments, in whole or in part, upon prior written notice to the Department and compliance with the requirements of the State's Comptroller's Office concerning such assignments. No assignment of receivables by Contractor shall relieve Contractor of any obligations under this Contract without prior written Department consent in each such instance. Notwithstanding any such assignment, Contractor represents and warrants that the Deliverable shall be and remain free of any repossession or any Claims by Contractor or its successors and assigns, subject to the terms and conditions of this Contract. d) Contractor shall furnish separate invoices for each Purchase Order and shall list each license charge, maintenance and support charge or other charge included in each invoice as separate line items. e) Notwithstanding the subsection 8(b), the Department may make purchases using the State of Connecticut Purchasing Card (MasterCard) in accordance with Memorandum No. 2011-11 issued by the Office of the State Comptroller. Contractor shall be equipped to receive orders issued by the Department using the MasterCard. The Contractor shall be responsible for the credit card user-handling fee associated with MasterCard purchases. The Contractor shall charge to the MasterCard only upon acceptance of Goods delivered to the Department or the rendering of Services. The Contractor shall capture and provide to its merchant bank, Level 3 reporting at the line item level for all orders placed by MasterCard. Questions regarding the state of Connecticut MasterCard Program may be directed to Xx. Xxxxx XxXxxxxx, Procurement Card Program Administrator at 000-000-0000.

PAYMENTS AND CREDITS. ‌ a) The Department shall pay Contractor for the installation and implementation of the System in accordance with the milestone payment schedule in Exhibit 4. b) For Deliverables and Services ordered after the System Acceptance Date, the Department shall pay for Deliverables only upon acceptance Acceptance of the Deliverable(s) pursuant to Section 7 and receipt of a properly documented invoice from the Contractor. 1. The Department shall pay Contractor within insert of days forty five (#45) days after of the Deliverable Acceptance Date and receipt or date of Contractor’s properly documented invoice, whichever is the later date. 2. All payments made prior c) Payment of Contractor charges for any license term, or license maintenance and support term, shall entitle the Department to acceptance use the license, free of the System shall be subject to a insert # percent ( %) holdbackany usage charges, which will be retained by at the Department's convenience at any time during the applicable Term. 3. The Department shall pay Contractor the total amount of all holdbacks within insert of days (#) days after the System Acceptance Date. b) The State shall make all payments to the Contractor through electronic funds transfer via the Automated Clearing House (“ach”). Contractor shall enroll in ACH through the Office of the State Comptroller prior to sending any invoice to the State. The Contractor may obtain detailed information regarding ACH at: xxxx://xxx.xxx.xx.xxx/vendor/directdeposit.html. cd) Contractor may assign any payments, in whole or in part, license payments upon prior written notice to the Department and compliance with the requirements of the State's Comptroller's Office concerning such assignments. No assignment of receivables by Contractor shall relieve Contractor of any obligations under this Contract Agreement without prior written Department consent in each such instance. Notwithstanding any such assignment, Contractor represents and warrants that the Deliverable shall be and remain free of any repossession or any Claims by Contractor or its successors and assigns, subject to the terms and conditions of this ContractAgreement. de) Contractor shall furnish separate invoices for each Purchase Order and for any Purchase Order issued after the System Acceptance Date, and upon the request of the ordering Department, shall list each license charge, maintenance and support charge or other charge included in each invoice as separate line items, to the extent reasonably practicable. ef) Notwithstanding the subsection 8(b), Contractor shall not charge the Department may make purchases using the State of Connecticut Purchasing Card (MasterCard) in accordance with Memorandum No. 2011-11 issued by the Office of the State Comptrollera fee to reinstate licenses or maintenance and support. Contractor shall be equipped entitled to receive orders issued payment of all license, maintenance and/or support fees that would have been paid during or for the reinstatement period, but no separate fees or penalties shall be paid by the Department using the MasterCard. The Contractor shall be responsible for the credit card user-handling fee associated with MasterCard purchases. The Contractor shall charge in order to the MasterCard only upon acceptance of Goods delivered to the Department reinstate any license, maintenance or the rendering of Services. The Contractor shall capture and provide to its merchant bank, Level 3 reporting at the line item level for all orders placed by MasterCard. Questions regarding the state of Connecticut MasterCard Program may be directed to Xx. Xxxxx XxXxxxxx, Procurement Card Program Administrator at 000-000-0000support.

PAYMENTS AND CREDITS. ‌ a) The Department shall pay for Deliverables only upon acceptance of the Deliverable(s) pursuant to Section 7 and receipt of a properly documented invoice from the Contractor. 1. The Department shall pay Contractor within insert of 45 days (#) or 30 days for a Connecticut DAS Certified Small/Minority Business after the Deliverable Acceptance Date and receipt of Contractor’s properly documented invoice, whichever is the later date. 2. All payments made prior to acceptance of the System shall be subject to a insert # percent ( %) 10% holdback, which will be retained by unless the Departmentpayment is for software or hardware maintenance and support services. 3. The Department shall pay Contractor the total amount of all holdbacks within insert of days (#) 30 days after the System Acceptance Date. b) The State Payment of Contractor charges for any license term, or license maintenance and support term, shall make all payments entitle the Department to use the Contractor through electronic funds transfer via license, free of any usage charges, at the Automated Clearing House (“ach”). Contractor shall enroll in ACH through Department’s convenience at any time during the Office of the State Comptroller prior to sending any invoice to the State. The Contractor may obtain detailed information regarding ACH at: xxxx://xxx.xxx.xx.xxx/vendor/directdeposit.htmlapplicable term. c) Contractor may assign any payments, in whole or in part, upon prior written notice to the Department DAS and compliance with the requirements of the State's Comptroller's Office concerning such assignments. No assignment of receivables by Contractor shall relieve Contractor of any obligations under this Contract without prior written Department DAS consent in each such instance. Notwithstanding any such assignment, Contractor represents and warrants that the Deliverable shall be and remain free of any repossession or any Claims by Contractor or its successors and assigns, subject to the terms and conditions of this Contract. d) Contractor shall furnish separate invoices for each Purchase Order and shall list each license charge, maintenance and support charge or other charge included in each invoice as separate line items. e) Notwithstanding the subsection 8(b), Contractor shall not charge the Department may make purchases using the State of Connecticut Purchasing Card (MasterCard) in accordance with Memorandum No. 2011-11 issued by the Office of the State Comptrollera fee to reinstate licenses or maintenance and support. Contractor shall be equipped entitled to receive orders issued payment of all license, maintenance and/or support fees that would have been paid during or for the reinstatement period, but no separate fees or penalties shall be paid by the Department using the MasterCard. The Contractor shall be responsible for the credit card user-handling fee associated with MasterCard purchases. The Contractor shall charge in order to the MasterCard only upon acceptance of Goods delivered to the Department reinstate any license, maintenance or the rendering of Services. The Contractor shall capture and provide to its merchant bank, Level 3 reporting at the line item level for all orders placed by MasterCard. Questions regarding the state of Connecticut MasterCard Program may be directed to Xx. Xxxxx XxXxxxxx, Procurement Card Program Administrator at 000-000-0000support.

PAYMENTS AND CREDITS. a) The Department Commencing on the Acceptance Date and continuing throughout the Term, DMV shall pay to Contractor, on a monthly basis: 1. A per Credential fee that is stated in the purchase order that is then currently in effect during the calendar month of service, multiplied by the number of Credentials that DMV has confirmed have been delivered by Contractor to the United States Postal Service or a recognized express delivery service, less any recalled or reissued Credential as of midnight on the last day of each calendar month; and 2. any lump sum payments due as of midnight at the end of such calendar month for Deliverables only upon acceptance of any Deliverable provided by Contractor that the Deliverable(sparties have agreed shall be due and payable pursuant to separate invoices not associated with those payments for Credentials in Section 8(a)(1) above, as adjusted pursuant to Section 7 and 8(c) below; and 3. any per Credential fee charged in addition to the charge set forth in Section 8(a)(1) above as a pass-through cost that is stated in the Purchase Order then currently in effect during the calendar month of service, multiplied by the number of Credentials for services provided that DMV has confirmed by outside source documents (that have been approved by DMV before the applicable service period) provided by Contractor as of midnight on the last day of each calendar month. All such payments shall be made after DMV’s receipt of a properly documented invoice and supporting detail from Contractor. Payments made under Section 8(a)(1) above are subject to adjustment throughout the Term based on Contractor’s Performance and satisfaction of the SLAs on Exhibit 5. 1. The Department b) DMV shall pay Contractor within insert of days net forty-five (#45) days after the Deliverable Acceptance Date each month end and receipt of Contractor’s properly documented invoiceinvoice and supporting detail, whichever is the later date. 2. c) All invoiced Deliverable payments made prior to acceptance of the System shall be subject to a insert # ten percent ( (10%) holdback, which will holdback that shall be retained by the Department. 3. The Department shall pay paid to Contractor the total amount of all holdbacks within insert of days forty-five (#45) days after the System Acceptance Dateof UAT certification for that Deliverable, except that no holdback is applicable to any per credential fee. b) The State shall make all payments to the Contractor through electronic funds transfer via the Automated Clearing House (“ach”). Contractor shall enroll in ACH through the Office of the State Comptroller prior to sending any invoice to the State. The Contractor may obtain detailed information regarding ACH at: xxxx://xxx.xxx.xx.xxx/vendor/directdeposit.html. c) Contractor may assign any payments, in whole or in part, upon prior written notice to the Department and compliance with the requirements of the State's Comptroller's Office concerning such assignments. No assignment of receivables by Contractor shall relieve Contractor of any obligations under this Contract without prior written Department consent in each such instance. Notwithstanding any such assignment, Contractor represents and warrants that the Deliverable shall be and remain free of any repossession or any Claims by Contractor or its successors and assigns, subject to the terms and conditions of this Contract. d) Contractor shall furnish separate invoices for each Purchase Order and shall list each license charge, maintenance and support charge or other charge included in each invoice as separate line items. e) Notwithstanding the subsection 8(b), the Department may make purchases using the State of Connecticut Purchasing Card (MasterCard) in accordance with Memorandum No. 2011-11 issued by the Office of the State Comptroller. Contractor shall be equipped to receive orders issued by the Department using the MasterCard. The Contractor shall be responsible for the credit card user-handling fee associated with MasterCard purchases. The Contractor shall charge to the MasterCard only upon acceptance of Goods delivered to the Department or the rendering of Services. The Contractor shall capture and provide to its merchant bank, Level 3 reporting at the line item level for all orders placed by MasterCard. Questions regarding the state of Connecticut MasterCard Program may be directed to Xx. Xxxxx XxXxxxxx, Procurement Card Program Administrator at 000-000-0000.